By Syed Wahaj Ahmed
Adopting new ways would raise the country’s exports to new heights and help bolster up the national economy, the Trade Development Authority of Pakistan (TDAP) representatives said.
TDAP Deputy Manager Afshan Urooj said this while giving a presentation at titled: “National Export Training Programme”, organised by TDAP that finding buyers was not a problem as foreign buyers were available on TDAP’s website. She said that scope was there for Hyderabad’s textile, agro and transport sectors. She said that businesswomen should enroll themselves on TDAP’s ‘hunar website’ as around 3,000 women have been engaged on the website for business activities. She said that TDAP was guiding exporters through webinars and exporters should also register themselves for amazon. She was of the view that so far only conventional export activities prevailed while world dynamics of exports had drastically changed. She stated that exporters should get benefit from export financing schemes through a single window initiative.
She disclosed that Pakistan and Bangladesh were at par in 2018 in so far as exports were concerned which stood at i.e. $2bn. She said that small and medium enterprises were being supported in Bangladesh and large scale industries were not given any support. She said that grip on foreign languages mattered in export businesses. She said that export could change the destiny of the country. She said that buyers could be found easily and it was not a difficult job in export businesses. She said that TDAP had registered 99,000 local products with their codes. She said that exports must come up with their plans and company should be registered on the website. She added that brochures of products should be prepared.
President of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Pakistani businesspeople were hitting US $26bn exports mark despite facing issues of energy and water crisis whereas Bangladeshi exports stood at $60bn with single digit markup ratio like other Asian countries. He said that collective efforts were needed to increase Pakistan’s exports volume.
The HCCI head said that foreign remittances in the country stood at $22bn. He promised a close liaison with TDAP in order to scale up export volume. He said that Hyderabad’s business community had helped the Federal Board of Revenue (FBR) meet Rs7,100bn tax target in 2022-23 and now target of Rs9,000bn would be achieved with the same zeal.
Siddiqui said that businessmen were investing their money after earning them here. He maintained that TDAP needed to work hard because it is the only body that could help the national economy swell and get high exports. He said that HCCI would collaborate with TDAP in order to showcase Hyderabad’s products on TDAP’s website with a view to ramping up various local businesses.
Assistant Director of State Bank of Pakistan (SBP) Business Support Unit Sibghatullah Noorani told participants that the SBP was also supporting traders in export refinancing.
Paying thanks to all guests and appreciating their active participation, TDAP Deputy Manager Qazi Sadiq Arsalan assured TDAP’s assistance for business community.
Those who were present included HCCI Vice President Awais Khan, HCCI members Pahlaj Rai, Salahuddin Qureshi, Shafqatullah Memon, Ghulam Sarwar Panhwar, Ahsan Naghar, Haji Javed and others.
Meanwhile, TDAP, a top-notch and foremost trade organisation for local businessmen, is a governmental body to assess and scrutinise inter-country as well as internationally-commercial and economic pursuits.
On top of that, it also spurs the merchandising activities by giving a dedicated view of global trade developments. It is of a paramount importance to promote TDAP as it is a better move to facilitate and bolster up the country’s export amid the climate change and natural calamities encompassing cyclones, prolonged torrential rains, high flooding hazards and standing crops destruction by swarm of locusts and the like.
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